SoldSep 15, 2025

1/62 Shotover St, Queenstown, Otago

Amount undisclosed

4
1
70 m²

Apartment

4 days on the market

Sold: Sep 15, 2025

What's around 1/62 Shotover St

Unique and flexible downtown gem

Opportunities like this are few and far between – a four-bedroom apartment right in the heart of Queenstown’s town centre. Whether you’re looking for a steady rental, a short-stay operation, a business base, or a dynamic live-in pied-à-terre, this versatile property covers all the angles. Zoned Town Centre with automatic Visitor Accommodation (VA365) consent, the apartment has been continuously in long-term rental for over two decades and is currently earning $1,000 per week. With generous proportions rarely found in the CBD and panoramic views from a sun-filled balcony, there’s plenty of room to unlock further value. The interior is ready for a makeover, making it a prime candidate for renovation to increase return or personal use enjoyment. The large layout offers flexible configurations, and the unbeatable location ensures demand remains strong – whether from tenants, guests, or buyers down the line. While there is no dedicated car park, parking options are close at hand – and with everything Queenstown has to offer right outside your door, a vehicle may not be necessary. Highlights: •Zoned Town Centre – VA365 automatically in place •Four-bedroom layout – a rare size in the CBD •Strong rental history – $1,000/week current return •Ideal for Airbnb, long-term rental, home, or business use (STCA) •Blank canvas for renovation – add value your way •Sunny balcony with sweeping views •Walk to everything – because you’re already there Set in one of Queenstown’s most high-demand zones, this is a smart move for investors looking for income, capital gain potential, and flexibility.

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